Free Trial

French 10yr breaks the 2024 high

OAT
  • While the initial support in Bund noted at 129.83, printed a 129.82 low has held, the French 10yr Yield edges above the 2024 high, equated to 123.65 in Futures, now highest level since late November.

Looking at Yield, now reference 123.65:

  • 3.228% = 123.31 (24th Nov high).
  • 3.250% = 123.11.
  • 3.300% = 122.64.

OAT/Bund spread is now over 6bps wider, with next resistance seen towards 55.7bps

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.